South Africa’s Plan to Take R20 Billion a Year From Successful Businesses and Give It to BEE Firms
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BEE Is Killing South Africa
Ricardo Stuckert, CC BY-SA 2.0, Wikimedia CommonsPresident Cyril Ramaphosa’s complete wilful ignorance over the harm that Black Economic Empowerment (BEE) has done to the country is not just indicative of his incompetence but is downright malicious. Since 1994 no single piece of legislation has done as much harm to this country as BEE and its racially repressive adjacent regulations.Since it was passed into law in 2003, BEE has seen South Africa…
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